FCA US LLC
Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) move towards their 50:50 merger with the new corporate name of the group, STELLANTIS.
Deciding on the new name was in the works following the Combination Agreement announced on 18 December 2019. The next step will be unveiling of a logo, that with the name will become the corporate brand identity - The STELLANTIS name will be used exclusively at the Group level, as a Corporate brand. The names and the logos of the STELLANTIS Group’s constituent brands will remain unchanged.
Completion of the merger project is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by both companies’ shareholders at their respective Extraordinary General Meetings and the satisfaction of antitrust and other regulatory requirements.
Photo by Roman Pohorecki from Pexels
About the name:
STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars”. It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts. STELLANTIS will combine the scale of a truly global business with an exceptional breadth and depth of talent, knowhow and resource capable of providing the sustainable mobility solutions for the coming decades. The name’s Latin origins pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry- changing merger.